NOT LISTED FOR SALE

184 Washington St Gloucester, MA 01930

Central Gloucester Neighborhood

Estimated Value: $824,853

6 Beds
4 Baths
4,202 Sq Ft
$196/Sq Ft Est. Value

Last Sold September 01, 2015

Last sale price $432,000 $103 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $4,863/month

75 Days on Market

About This Home

As of September 2015

Mixed use property currently consisting of a first floor commercial/retail space and two large updated apartments all with separate utilities. The first floor retail unit offers good visibility on Washington St and consists of approximately 1,853sf as well as a 1,140sf garage/storage area. This unit provides many possibilities for the property. The first apartment is a two level four bedroom unit that is currently owner occupied; estimated market rent for the unit is $1600 to $1800 a month. The second apartment is a large open two bedroom unit that has also been updated. This unit is currently rented for $1,200 a month. There is also a deck that provides some outdoor space and off street parking.

Last Agent to Sell the Property

Mark Ventimiglia

Vadala Real Estate Listed on: 05/19/2015

Last Buyer's Agent

Michele Allison-Elwell

Coldwell Banker Realty - Beverly

Coldwell Banker Realty - Beverly

Property Details

Home Type

Multi-Family

Year Built

1878

Lot Details

0

Listing Details

  • Lot Description: Paved Drive, Level
  • Other Agent: 2.00
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 4
  • Year Built: 1878

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 15
  • Amenities: Public Transportation, Shopping, Medical Facility, Laundromat, Highway Access, T-Station
  • Electric: Circuit Breakers
  • Basement: Partial

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles, Rubber
  • Frontage: 69.00
  • Construction: Frame
  • Exterior: Vinyl, Brick
  • Exterior Features: Deck
  • Foundation: Concrete Block, Granite
  • Beach: Ocean
  • Beach Ownership: Public

Garage/Parking

  • Garage Spaces: 1
  • Parking: Off-Street, Paved Driveway
  • Parking Spaces: 6

Utilities

  • Hot Water: Electric
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Total Units: 3

Lot Info

  • Zoning: NB

Multi Family

  • Foundation: 53x37 60x19
  • Total Bedrooms: 6
  • Total Floors: 5
  • Total Full Baths: 2
  • Total Half Baths: 2
  • Total Levels: 3
  • Total Rms: 14
  • Total Rent_1: 1200

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2015
Closed on
Sep 1, 2015
Sold by
Cape Ann Lighthouse Rt
Bought by
Kumar Ravi and Kumari Savita
Seller's Agent
Mark Ventimiglia
Vadala Real Estate
Buyer's Agent
Michele Allison-Elwell
Coldwell Banker Realty - Beverly
List Price
$449,000
Sold Price
$432,000
Premium/Discount to List
-$17,000
-3.79%
Current Estimated Value
$824,853

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$392,853
Avg. Annual Appreciation
6.45%
Original Mortgage
$282,000
Outstanding Balance
$222,844
Interest Rate
4.09%
Mortgage Type
Commercial
Estimated Equity
$602,009
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Kumar Ravi $432,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kumar Ravi $282,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/01/2015 09/01/15 Sold $432,000 -3.8% $103 / Sq Ft
08/02/2015 08/02/15 Pending -- -- --
05/19/2015 05/19/15 For Sale $449,000 -- $107 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,653 $684,500 $246,300 $438,200
2024 $5,672 $664,000 $234,500 $429,500
2023 $0 $633,100 $209,400 $423,700
2022 $0 $539,000 $173,000 $366,000
2021 $0 $465,500 $157,300 $308,200
2020 $5,672 $445,200 $157,300 $287,900
2019 $0 $442,300 $157,300 $285,000
2018 $0 $436,600 $157,300 $279,300
2017 $0 $425,900 $149,800 $276,100
2016 -- $447,100 $150,000 $297,100
2015 -- $394,100 $150,000 $244,100
Source: Public Records

Agents Affiliated with this Home

  • Mark Ventimiglia

    Seller's Agent in 2015

    Mark Ventimiglia

    Vadala Real Estate

    (978) 281-1111

    30 in this area

    75 Total Sales

    Mark Ventimiglia
    Section Image
  • Michele Allison-Elwell

    Buyer's Agent in 2015

    Michele Allison-Elwell

    Coldwell Banker Realty - Beverly

    (978) 766-8041

    2 in this area

    13 Total Sales

    Michele Allison-Elwell
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71839939

MLS Property Information Network (MLS PIN)

APN: GLOU-000023-000051

Massachusetts Essex County Gloucester 01930 Central Gloucester

184 Washington St, Gloucester, MA

Not Listed for Sale

MultiFamily

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